28,November,18 Daily newspaper article’s summary

28,November,18 Daily newspaper article’s summary

Summary of newspaper articles from ‘The Hindu’, ‘Economic Times’ and PIB
ARISE IAS: Demystifying UPSC IAS exams

Breathing space: on the strengthening rupee:
1.Investors until a few weeks ago were worried about the lack of sufficient supply in the market due to disruptions in arrivals from major producers such as Iran and Venezuela.
2.Now, however, the markets are worried about possible oversupply as the U.S. has softened its stance against Iran and turned into the largest crude oil producer in the world with the boom in shale production.
3.The December 6 meeting of the Organisation of the Petroleum Exporting Countries will make clear the response of oil producers to the sharp fall in prices.

Trail of destruction: on damages caused by Cyclone Gaja:
1.But it is now clear that the suffering, the loss, and the displacement in large parts of Tiruvarur, Nagapattinam, Thanjavur and Pudukottai districts is of an enormous magnitude.
2.Communities in the affected areas are distraught as houses have collapsed, farms lie ruined, water sources are contaminated and electricity supply remains disrupted.
3.It is equally important to assure the large number of stricken farmers that there will be a moratorium on any agricultural loans that they have taken, while a fair compensation scheme is prepared.

A prescription for the future:
1.Healthcare in India too has been transformed over the last three decades, and as members of this industry, we can be proud of how far we’ve come in terms of improved indices on life expectancy, infant mortality, maternal deaths and quality of outcomes.
2.Information technology and biotechnology are twin engines, with immense potential to transform the mechanics of care delivery, the outcomes we can achieve and, above all, the lives we can touch and save.
3.India’s change imperative has become even more pronounced with the launch of the Pradhan Mantri Jan Arogya Yojana Abhiyan, or National Health Protection Mission (NHPM), under the ambit of Ayushman Bharat.

Data Point: Informed turnout:
1.Chhattisgarh was however among only a few States that included Assam, West Bengal, Tripura and Meghalaya with a higher than average voter turnout despite lower HDI numbers.
2.In general, Indian States with a better HDI tend to have higher voter turnouts.
3.HDI measures life expectancy, education and per capita income.

Forest rights hold the key:
1.Between the elections of 2008 and 2013, 27 Scheduled Tribes (ST) constituencies flipped in the State, i.e. the electorate voted for a different party than on the previous occasion.
2.Finally, the FRA potential extends beyond ST and SC constituencies, enabling them to make common cause with other rural communities.
3.The writer is a Senior Director, Tenure Facility Support Programme at the Rights and Resources Group in Washington, DC

What is moralistic fallacy in philosophy?:
1.This refers to the fallacy of assuming that only what is morally good can be a part of nature.
2.In other words, whatever is considered to be morally wrong is assumed to be unnatural by people committing the moralistic fallacy.
3.For instance, it may be assumed that since violence is morally wrong, it is not a part of human nature.

Lessons from a tragedy:
1.The first set of debates regarding Chau’s evangelical calling and his almost willing surrender to the hazards it entailed are not of interest to us at this moment nor are the details of the investigations that are being carried out by the local police and administration.
2.If we carefully analyse this visual record, we can see how the shape of Sentinelese outrigger canoes has changed and how they continue to use large quantities of iron to make adze blades and arrowheads.
3.We hope that we will be able to draw a few lessons from the unfortunate death of John Allen Chau and question the ways in which mainland India views the islands from its distant perch in New Delhi.

IFC investments touch $2.6 billion to spur India’s development:
1.The World Bank Group member International Finance Corporation (IFC) has invested a record $2.6 billion in India in 2017-18 – a rise of 136% over the figure two years ago — in the key priority areas of infrastructure , logistics, inclusion, and sustainability.
2.This is an all-time high and addresses key development gaps through select and systemic interventions in affordable housing, small and medium enterprises, distressed assets, technology start-ups, logistics, agriculture, renewable energy, and sustainable mobility.
3.“As we complete six decades in India, we continue to believe in the country’s fundamentals and want to spur growth that is inclusive, sustainable, and fast,” said Mengistu Alemayehu, Director, South Asia, IFC.

‘Indian finance companies 2x more likely than US companies to spot frauds’:
1.”Its clear that a major hurdle for decision makers in industries such as financial services and insurance is how to fight fraud while ensuring prospective customers have a good experience,” TransUnion Cibil’s managing director and CEO, Satish Pillai, said.
2.The findings are based on an online survey of financial services and insurance organisations in India , US, and Canada to evaluate the state of fraud detection and ID verification.
3.Around 75 per cent of the financial services firms in the country primarily measure the return on investment (ROI) of their fraud detection and ID verification solutions through improved customer experience.

Shri Manoj Sinha Flags off Buxar-Varanasi MEMU:
1.Speaking on the occasion Shri Manoj Sinha congratulated the people of Buxar for this new MEMU train.
2.Speaking on the occasion, Shri Ashwini Kumar Choubey said “Today it is moment of joy for the people of Buxar as this direct train will be helpful for travelling to Kashi.
3.It is important to mention that lot of development works have been carried out in Buxar during this Government.

Cumulative No of Houses sanctioned under PMAY(U) now more than 65 Lakhs:
1.The approval was given in the 40 th meeting of the Central Sanctioning and Monitoring Committee held here today.
2.A total of 392 projects with a project cost of Rs 7,391 crore with central assistance of Rs 3,082 crore has been approved in the meeting held under the Chairmanship of Sh Durga Shankar Mishra, Secretary, Ministry of Housing and Urban Affairs.
3.Press Information Bureau Government of IndiaMinistry of Housing and Urban Poverty Alleviation28-November-2018 15:47 IST

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